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After a decade, Ecuador opens its arms again to American investors

MEETING. The act took place yesterday morning in a hotel in Quito.

"We are happy to be back in Ecuador, after 10 years of absence. The change of direction and the open vision to the world of the Government has aroused the interest of investors. " Yesterday said Susan Segal, president of the Council and the Society of the Americas, where more than 200 American investors meet. And the statement was given during the conference 'Investing in the future of Ecuador', in which they declared the high expectations that these entrepreneurs have to do business in the country.

She assured that the State has given clear signals that generate confidence to investors. "We see macroeconomic stability and a solid plan for fiscal austerity, positive GDP growth and investment growth during 2018, even greater than the previous two years," she said.

She stressed that they have been able to determine that long-term business opportunities can be achieved in areas such as mining, telecommunications, electricity, tourism, innovation, pharmaceutical, but, above all, in entrepreneurship and services.

...President Moreno exhorted investors to be convinced that the country is "the best place to invest", and explained that, among the advantages they will find, are the freedom of import and export of goods and services, the free repatriation of utilities and the reduction of Income Tax.

" ...We decided to change for good, because the previous scheme did not work...."

" ...We take advantage of the change to transform the future. "

___________Lenin Moreno, President of the Republic